Georgia Republican Donor Gets 15 Years in $76 Million Ponzi Scheme
Summary
Federal prosecutors said Edwin Brant Frost IV lured investors with promises of high returns, but used new money to pay earlier investors and fund personal expenses.
Description from The New York Times.
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Georgia Republican Donor Gets 15 Years in $76 Million Ponzi Scheme
Federal prosecutors said Edwin Brant Frost IV lured investors with promises of high returns, but used new money to pay earlier investors and fund personal expenses.
